Gold Rises, Erases Loss, After Fed Comment on Interest Rates

Jan. 25 (Bloomberg) -- Gold rose, erasing an earlier loss,
after the Federal Reserve said it expects “exceptionally low”
interest rates through at least late 2014. Gold futures for
February delivery rose 0.3 percent to $1,669.50 an ounce at
12:33 p.m. on the Comex in New York. Earlier, the contract fell
as much as 0.9 percent.